Stop chasing old headaches. This purpose-built 2025 executive duplex offers a rare combination of high yield and zero deferred maintenance. Two side-by-side unites (3 Bed/3 Bath each). Slab-on-grade foundation and modern mechanicals mean zero CapEx risk for years to come. Gros Potential income of $70,800/yr. Unit B is leased at $2,950/mo + Utilities. Unit A is vacant, allowing you to set a fresh market rent or place a tenant before closing. High efficiency and low overhead. Tenants pay ALL utilities, include Gas, Hydro, and Water (sub-metered). Professionally manager by Guardian Property Management, making this a truly hand-off property to add to your portfolio. (id:56069)
| MLS® Number | TB2600115 |
| Property Type | Multi-family |
| Community Name | THUNDER BAY |
| Constructed Date | 2025 |
| Cooling Type | Air Exchanger, Central Air Conditioning |
| Exterior Finish | Brick, Siding |
| Foundation Type | Concrete Perimeter |
| Heating Type | Forced Air |
| Size Interior | 2,448 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
| Access Type | Road Access |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Frontage | 32.0000 |
| Size Total Text | Under 1/2 Acre |
https://www.realtor.ca/real-estate/29281043/1101-frederica-street-w-thunder-bay-thunder-bay
Contact us for more information
Lacey Vander-Vegte
Salesperson
(807) 623-5011
(807) 623-3056
WWW.ROYALLEPAGETHUNDERBAY.COM